Time Management : secrets of time management

Time Management Tips Article

The following article is part of our ongoing series of time management tips articles.

"How to Save 2 Hours Every Day using Pareto's 80-20 Law for Time Management"

- by Neil Stelling B.Sc, MBA - Marketing Manager,DigiLectual

Vilfredo Pareto was a time management expert ! He worked as an economist in 19th Century Italy. We can still use his Time Management tips in today's 21st Century Internet economy !

His 80-20 law applies to many things, including time management. For example, his law says that 20% of your customers provide 80% of your revenue. It says 20% of your time spent on a project gets it 80% towards completion. 80% of people working in the computer business only do about 20% of the work, and the other 80% is done by the 20% star workers !

So how does this law give us time management tips ? How can you use it to save 2 hours every day ?

Think about any jobs you must do. Think about any projects you're working on or about to start. We all want to do the best possible job. But how about this ? How would you like to get three jobs done in the same time as one ? How would you like to finish one job a lot quicker, and spend the extra time with friends or family ?

Pareto's law of time management can help you do exactly that !

First of all look at the 'big picture' of your project. What are you trying to achieve and why ? What main benefits do you want ? Make a simple schedule of work. Get started and work as quickly as possible. It could be a report on a new market. It could be a new product specification. Maybe you've got to write a simple piece of software ?

When you've done all you can, stop and take a look. It's good isn't it ? Now leave it there. Yes, I said leave it there. You've achieved about 80% of your target. Yet you've only spent about 20% of the time you'd eventually give to that piece of work ! What would you normally do ? More research. Try to add in more bits. Endlessly fine-tune it. Perhaps you'd start again because you decide it's no good ?

Leave it at 80% and save time by starting with something else productive. Follow the same procedure with the next task, and then the next task.

If you use Pareto's time management law your productivity will go through the roof ! Your results will amaze your colleagues … and yourself ! Suddenly people will start saying, "How does he get so much done ? How does she manage time so efficiently ? I don't understand how he's getting these great results, when I saw him in the park playing with his children yesterday!"

Pareto's time management law works. Start using it today, and see your productivity soar !

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"Time is our most valuable asset, yet we tend to waste it, kill it, and spend it rather than invest it"

"Time is the best kept secret of the rich"

"Learn how to say no. Don't let your mouth overload your back"

"Something will master and something will serve. Either you run the day or the day runs you; either you run the business or the business runs you"

"Sometimes you need to stay in touch but be out of reach"

"Days are expensive. When you spend a day, you have one less day to spend. So make sure you spend each one wisely"

- All quotes courtsesy of Jim Rohn 'Treasury of Quotes'